Confirmed Signing with Link: [TOR] D Jake McCabe signs extension with the Maple Leafs (5 years, $4.51M AAV; deferred salary between year 2 and 3)

CraigBillington

Registered User
Dec 10, 2010
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Deferred money is counted in the AAV at a discount rate based presumably on SOFR.

McCabe is deferring $5.5m to year 6, the NPV (net present value) of that deferral is included in the AAV at 4.55m. That’s a reduction of $199k/year on the AAV.
What i don't get is the between years 2 and 3 part
 

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